Commercial

  • May 28, 2026

    3 Firms Advise On $176M Luxury Colo. Mountain Resort Deal

    Global investment firm Sixth Street Partners has paid $176 million to buy a luxury 193-key Beaver Creek, Colorado, mountain resort in an acquisition deal guided by Latham & Watkins LLP, Brownstein Hyatt Farber Schreck and Jackson Walker LLP.

  • May 28, 2026

    Newmark Executives Say Fellow Leader Pushed Them Aside

    Two capital markets executives at major commercial real estate adviser Newmark claimed in Massachusetts state court that the company and one of its top executives undermined them and cheated them out of commission payments.

  • May 28, 2026

    Tenn. Allows Property Tax Refund Installments As Credits

    Tennessee authorized counties and municipalities to pay property tax refunds via installments applied as future credits if taxpayers agree to such arrangements under a bill signed by the governor.

  • May 28, 2026

    3 Firms Guide Rental Property Software Co. Entrata's IPO Plan

    Rental property management software company Entrata filed for an initial public offering with advice from Wilson Sonsini Goodrich & Rosati PC, Latham & Watkins LLP and Ropes & Gray LLP, saying its revenue grew 23% in the first three months of 2026 compared to the same period last year.

  • May 28, 2026

    4 Firms Steer Fertitta's $17.6B Caesars Entertainment Buy

    Caesars Entertainment has agreed to be sold to Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including debt, in a deal steered by four law firms, the companies announced Thursday. 

  • May 27, 2026

    Inside The Tireless Lives Of Data Center Attorneys

    Representing major players in the data center industry calls for a certain kind of lawyer: one who can work under significant pressure, handle public scrutiny and labor on until the sun rises.

  • May 27, 2026

    Bestar Landlord Opposes Ch. 15 Recognition Over Lease

    A landlord for a New York location of bankrupt furniture retailer Bestar told a Delaware court late Tuesday that the debtor's Chapter 15 recognition motion should be denied because the company has continued to use the store despite the lease being terminated prior to the bankruptcy.

  • May 27, 2026

    Genesis Says JV Partner Can't Block Ch. 11 Sale

    Bankrupt nursing home operator Genesis Healthcare Inc. on Wednesday defended its $1 billion planned asset sale from a joint venture partner's objection, contending it could not assert its right of first refusal for bids on one facility to halt the transaction.

  • May 27, 2026

    NJ, Pa. Move For New Data Center Development Standards

    State officials in New Jersey and Pennsylvania on Wednesday rolled out proposed restrictions on data centers, with each state looking to require developers to account for power usage, adhere to new transparency requirements and agree to provide community benefits to construct projects.

  • May 27, 2026

    Bain Capital, 11North Buy 5 Retail Centers In $300M Deal

    Private equity giant Bain Capital and 11North Partners have bought five open-air shopping centers for $300 million in a joint venture agreement, the firms announced Wednesday.

  • May 27, 2026

    South Street Partners Buys South Florida Condo Hotel Resort

    South Street Partners has picked up a condo hotel resort in Sunny Isles Beach, Florida, from Mast Capital, according to an announcement from the private equity firm.

  • May 27, 2026

    SEC Change Would Ease Nontraded REITs' State Headache

    Tucked inside the U.S. Securities and Exchange Commission's 500-page regulatory proposal to ease capital formation in the public markets are consequential changes for nontraded real estate investment trusts.

  • May 27, 2026

    Investor Accuses FNB Of Forcing Pittsburgh Tower Takeover

    An investor in Pittsburgh's FNB Financial Center claims in a lawsuit filed in Pennsylvania state court that the new tower's namesake tenant sabotaged filling out the office space and suppressed rent revenue in order to keep a $28 million loan from converting to equity, and using that loan to buy out the other investors.

  • May 27, 2026

    NYC Real Estate Week In Review

    Goulston & Storrs and Fried Frank are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with a foreign investor deal topping the list.

  • May 27, 2026

    Michigan Residents Sue AI Data Center Over Alleged 24/7 Noise

    Two western Michigan residents have filed a proposed class action accusing the operator of a data center used for artificial intelligence and bitcoin mining of subjecting nearby homeowners to constant industrial noise, claiming it disrupts daily life and reduces property values.

  • May 27, 2026

    6 Firms Build DigitalBridge's $1.05B ArcLight Buy

    Digital infrastructure-focused asset manager DigitalBridge Group Inc. on May 27 announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion deal built by six law firms.

  • May 27, 2026

    Tarter Krinsky & Drogin Expands With Miami Office

    Tarter Krinsky & Drogin LLP said it has opened up shop in Miami in response to the growing importance of the South Florida market in multiple industries.

  • May 27, 2026

    Massachusetts Data Center Sued Over 'Pervasive' Hum

    The "loud, annoying and pervasive" hum from a recently expanded data center in Massachusetts is trapping people in their homes, unable to enjoy their yards or leave windows open and keeping them awake at night, neighbors say in a proposed class action filed Wednesday in state court.

  • May 26, 2026

    Bridge Stockholders Say They Were Stiffed In Apollo Deal

    A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.

  • May 26, 2026

    NY Lawyer Gets A Year After $20M Emigrant Bank Fraud Trial

    A compliance lawyer convicted at trial for allegedly conning an Emigrant Bank unit out of $20 million by lying about his investment firm's tax lien collateral was sentenced Tuesday in Manhattan federal court to a year and a day in prison for what prosecutors say was a straight-up scheme to steal from a Federal Deposit Insurance Corporation-insured bank. 

  • May 26, 2026

    CoStar Seeks Pause In Antitrust Suit, Amid Transfer Fight

    CoStar Group is asking a Virginia federal court to pause an antitrust suit alleging it stifles competition and prevents cross-listings while it seeks to move a similar case, filed by Malm Inc., from California.

  • May 26, 2026

    Latham, Milbank Guide Data Center Power Co.'s $2B IPO Pitch

    Gas engine maker Innio is seeking a valuation of up to $20.3 billion in an initial public offering guided by Latham & Watkins LLP and Milbank LLP that's set to price amid interest in companies supporting the infrastructure for artificial intelligence technology.

  • May 26, 2026

    NJ Warehouse-To-Luxury Loft Developer Hits Ch. 11

    The developer of a 120-unit residential complex in New Jersey known as The Cliffs has filed for Chapter 11 relief to prevent a forfeiture of its equity interests in the development.

  • May 26, 2026

    Del Monte, STG, SilverRock Score Bankruptcy Plan Approvals

    Del Monte Foods, shipper STG and resort developer SilverRock Development won approval for their bankruptcy plans, while bitcoin ATM operator Bitcoin Depot and oilfield services provider Warrior Technologies entered Chapter 11. This is the week in bankruptcy.

  • May 26, 2026

    No Farm Tax Break For Property, Minn. Tax Court Affirms

    The owner of a 35-acre property in Minnesota failed to show sufficient evidence that his use of the land met the threshold for an agricultural tax break, the state tax court affirmed.

Expert Analysis

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.

  • Proposed Law Would Harm NYC Hospitality Industry

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    A recently proposed New York City Law that would update hotel licensing and staff coverage requirements could give the city commissioner and unions undue control over the city's hospitality industry, and harm smaller hotels that cannot afford full-time employees, says Stuart Saft at Holland & Knight.

  • Class Actions At The Circuit Courts: August Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy considers certification cases touching on classwide evidence of injury from debt collection practices, defining coupon settlements under the Class Action Fairness Act, proper approaches for evaluating attorney fee awards in class action settlements, and more.

  • Brownfield Questions Surround IRS Tax Credit Bonus

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    Though the IRS has published guidance regarding the Inflation Reduction Act's 10% adder for tax credits generated by renewable energy projects constructed on brownfield sites, considerable guesswork remains as potential implications seem contrary to IRS intentions, say Megan Caldwell and Jon Micah Goeller at Husch Blackwell.

  • DOJ Paths To Limit FARA Fallout From Wynn's DC Circ. Win

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    After the D.C. Circuit’s recent Attorney General v. Wynn ruling, holding that the government cannot compel retroactive registration under the Foreign Agents Registration Act, the U.S. Department of Justice has a few options to limit the decision’s impact on enforcement, say attorneys at MoFo.

  • Shipping Containers As Building Elements Require Diligence

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    With the shipping container market projected to double between 2020 and 2028, repurposing containers as storage units, office spaces and housing may become more common, but developers must make sure they comply with requirements that can vary by intended use and location, says Steven Otto at Crosbie Gliner.